Sanctuary Advisors LLC Sells 25,682 Shares of iShares TIPS Bond ETF $TIP

Sanctuary Advisors LLC trimmed its stake in iShares TIPS Bond ETF (NYSEARCA:TIP) by 23.8% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 82,424 shares of the exchange traded fund’s stock after selling 25,682 shares during the period. Sanctuary Advisors LLC’s holdings in iShares TIPS Bond ETF were worth $9,059,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the stock. Gould Asset Management LLC CA boosted its holdings in iShares TIPS Bond ETF by 1.1% in the 3rd quarter. Gould Asset Management LLC CA now owns 8,262 shares of the exchange traded fund’s stock worth $919,000 after buying an additional 90 shares during the period. Aspiriant LLC boosted its stake in shares of iShares TIPS Bond ETF by 2.2% in the fourth quarter. Aspiriant LLC now owns 4,373 shares of the exchange traded fund’s stock worth $481,000 after acquiring an additional 95 shares during the period. Apollon Wealth Management LLC boosted its stake in shares of iShares TIPS Bond ETF by 2.3% in the fourth quarter. Apollon Wealth Management LLC now owns 4,255 shares of the exchange traded fund’s stock worth $468,000 after acquiring an additional 96 shares during the period. Farrell Financial LLC grew its position in shares of iShares TIPS Bond ETF by 1.4% during the fourth quarter. Farrell Financial LLC now owns 7,119 shares of the exchange traded fund’s stock worth $782,000 after purchasing an additional 98 shares in the last quarter. Finally, BOS Asset Management LLC raised its stake in iShares TIPS Bond ETF by 1.0% during the 3rd quarter. BOS Asset Management LLC now owns 10,082 shares of the exchange traded fund’s stock valued at $1,121,000 after purchasing an additional 103 shares during the period. Institutional investors own 63.62% of the company’s stock.

iShares TIPS Bond ETF Price Performance

TIP stock opened at $111.73 on Wednesday. iShares TIPS Bond ETF has a 1-year low of $107.98 and a 1-year high of $112.26. The business has a 50 day simple moving average of $111.07 and a two-hundred day simple moving average of $110.84. The company has a market capitalization of $14.69 billion, a price-to-earnings ratio of 12.40 and a beta of 0.28.

About iShares TIPS Bond ETF

iShares TIPS Bond ETF (the Fund), formerly iShares Barclays Treasury Inflation Protected Securities Bond Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Barclays U.S. Treasury Inflation Protected Securities (TIPS) Index (Series-L) (the Index). The Index measures the performance of the inflation-protected public obligations of the United States Treasury, commonly known as TIPS. The Underlying Index includes all publicly-issued the United States Treasury inflation-protected securities that have at least one year remaining to maturity, are rated investment-grade and have $250 million or more of face value.